Scotland's GDP grew 0.6% in Q2 2024, driven by services, production, and agriculture sectors.

Scotland's GDP grew 0.6% in Q2 2024, with a 0.9% increase from Q2 2023 to Q2 2024, according to initial data. This growth is attributed to expansion in the services sector, production output, and the agriculture, fishing, and forestry sector. Despite the construction output decline of 0.1%, Scotland's Finance Secretary Kate Forbes expressed optimism about the nation's economic prospects and highlighted the government's £5 billion investment for 2024-25.

August 28, 2024
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